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New GM for Malaysia's 'first online insurance platform'

AvantiKumar | Sept. 19, 2016
Kenny Thing was formerly CMO of a Canadian insurer.

Kenny Thing - U for Life 

Photo - Kenny Thing, GM, U for Life

 

Kenny Thing has been appointed as new general manager for Malaysia's first online insurance platform' U for Life.

During the announcement, Claude Chevre, member of the Executive Board, Hannover Re and chairman of U for Life, said Thing, who took up the role to grow and develop the online platform in June 2016, reported directly to him.

"Thing brings with him a wealth of experience to the General Manager role who has worked in the insurance, banking and financial services sectors at a senior level," said Chevre.

"He is able to pinpoint what consumers need today as our solutions respond to changing the lives of our customers - be it personal or external factors. I am confident his appointment will help U for Life reach greater heights within the insurance tech sphere in Malaysia," he added.

Thing said, "It is an honour to be given this role with tremendous opportunities that lie ahead for me and the company. I look forward to bringing U for Life to the next level and continue to develop innovative solutions that meet the needs of consumers today."

Prior to joining U for Life, Thing was the chief marketing officer of a Canadian based insurer based in Malaysia for the last three years after spending three years in Hong Kong leading the business development of Individual Financial Products for the same insurer.

He previously held various leadership roles as chief distribution officer (Bancassurance) with a European based insurer and has also worked with a leading global insurer looking at providing product propositions and distribution solutions to insurers based in South East Asia. He also has experience in providing investment and structured product solutions to banks.

Hannover Re, which is the principal shareholder of U for Life, has a gross premium of around EUR17 billion (RM77 billion), with about 2,500 staff and a network of more than 100 subsidiaries.

 

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